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Notice of Interlocal Agreements

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General Information

Government Type
County
Entity
Kane County
Public Body
Kane County Redevelopment Agency

Notice Information

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Notice Title
Notice of Interlocal Agreements
Notice Tags
Business
Notice Type(s)
Notice
Event Start Date & Time
July 5, 2022 01:00 AM
Event End Date & Time
August 5, 2022 05:00 PM
Description/Agenda
NOTICE OF INTERLOCAL AGREEMENTS BETWEEN THE KANE COUNTY REDVELOPMENT AGENCY AND THE FOLLOWING TAXING ENTITIES: (1) KANE COUNTY (2) KANE COUNTY WATER CONSERVANCY DISTRICT Pursuant to Section 11-13-219, Utah Code Annotated 1953, as amended, the Kane County Redevelopment Agency (the 'Agency'), Kane County (the 'County'), and the Kane County Water Conservancy District (the 'Water District') are providing this notice with respect to the respective Interlocal Agreements (the 'Interlocal Agreements') entered into, separately and individually, by and between the Agency, County, and the Water District (the 'Taxing Entities'), wherein the Taxing Entities have separately and individually agreed to remit to the Agency annually a portion of the tax increment generated within the East Zion Community Reinvestment Project Area (the 'Project Area') for the purpose of providing funds to the Agency in order to implement the objectives outlined in the Project Area Plan. The Interlocal Agreements provide that the Taxing Entities will remit to the Agency annually a portion of the Project Area's tax increment. The first payment of tax increment from all Taxing Entities to the Agency will occur at the Agency's written request to the Kane County Auditor's office. A summary of the salient terms of each respective Interlocal Agreement is as follows: Taxing Entity Agreement Duration Percent of Increment to Agency Agreement Date County 20 Years 80% of Real Property Tax, Personal Property Tax, Sales Tax, Restaurant Tax, and Transient Room Tax April 26, 2022 Water District 20 Years 80% of Real Property Tax, Personal Property Tax, Sales Tax, Restaurant Tax, and Transient Room Tax April 26, 2022 A copy of the Interlocal Agreements is and will be available for public inspection and copying at the Agency's offices located at 76 N. Main St., Kanab, Utah, between the hours of 8:00 am and 5:00 pm Monday through Friday, for a period of at least 30 days following the date of publication of this notice (the '30-Day Period'). During that 30-Day Period, any person in interest may contest the Interlocal Agreements (or any one of them) or the procedures used to adopt them (or any one of them) if the Interlocal Agreement(s) or the procedures fail to comply with any applicable statutory requirements. After the 30-Day Period, no person may contest the Interlocal Agreements (or any one of them) for any cause.
Notice of Special Accommodations (ADA)
4356442458
Notice of Electronic or Telephone Participation
Not at this time, but will be addressed in an upcoming meeting.

Meeting Information

Meeting Location
76 N. Main St.
Kanab, UT 84741
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Contact Name
chameill Lamb
Contact Email
clamb@kane.utah.gov

Notice Posting Details

Notice Posted On
July 05, 2022 02:40 PM
Notice Last Edited On
July 05, 2022 02:56 PM

Download Attachments

Download Attachments
File Name Category Date Added
EZ CRA ILA Notice - Summary of Interlocal Agreements (6.9.2022).pdf Public Information Handout 2022/07/05 02:40 PM


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